C3.ai(AI)
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C3.ai Is Broadening Its Market And Accelerating Pilot Deals
Seeking Alpha· 2024-01-08 17:25
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A Bull Market Is Coming: 3 Reasons to Buy C3.ai Stock in 2024
The Motley Fool· 2024-01-08 11:15
Core Viewpoint - The major market indexes rebounded in 2023, with the Nasdaq Composite surging 43%, indicating a potential new bull market, particularly in the artificial intelligence (AI) sector, where C3.ai has shown significant growth potential [1] Group 1: Competitive Position - C3.ai has a unique position in the AI industry, claiming no direct competitors for its specific offerings, with founder Thomas Siebel stating unawareness of any competitive products from major players like Oracle [2] - The closest comparison is Palantir Technologies, but C3.ai focuses on AI applications and no-code software, while Palantir builds an intelligent operating system around data [2] Group 2: Growth Momentum - C3.ai has signed or expanded agreements with major organizations, including Nucor and the U.S. Navy, indicating strong demand for its application suite and potential for significant growth over the next decade [3] - Research from McKinsey suggests generative AI could add trillions to the economy, creating a vast addressable market for C3.ai as organizations seek to integrate AI into their operations [4] - After a revenue increase of 38% in fiscal 2022, C3.ai's growth slowed to 5.6% in fiscal 2023, but it rebounded with a 17% year-over-year growth rate in the quarter ending in October, with analysts projecting a 14.7% revenue increase in fiscal 2024 and 19.8% in fiscal 2025 [4] Group 3: Valuation and Investment Opportunity - C3.ai's stock is currently trading at a more attractive valuation, with a forward price-to-sales ratio of 11, which is considered fair for a fast-growing software company [6] - The recent pullback in share price presents a potential buying opportunity, as many companies are delaying AI spending while they determine how to implement AI applications [6] - Despite being a mid-cap growth stock with a high-risk profile and not yet profitable, the accelerating revenue growth and new customer agreements are positive indicators for long-term potential [6]
Most shorted US stocks in 2024: FSR, UPST, BYND, LMND, AI
Invezz· 2024-01-02 22:07
American stocks had a great performance in 2023 as the Nasdaq 100 index jumped by more than 55%. The blue-chip S&P 500 index rose by over 22%, making it one of its best years in a long time. Still, most companies in the EV and clean energy industry did not do well. Here are some of the most shorted US stocks, which could see some short squeezes in 2024.Fisker Copy link to sectionFisker (NYSE: FSR) is one of the most shorted US stocks as concerns about the EV industry remains. The company has a short interes ...
Don't Get Triggered! This AI Stock Is Only for Very Patient Investors.
InvestorPlace· 2024-01-02 18:08
Are in invested in enterprise artificial intelligence (AI) company C3.ai (NYSE:AI) for the long term, or are you expecting a moonshot in 2024’s first quarter? It’s fine to be bullish about C3.ai in general, but be sure to keep your expectations in check when it comes to AI stock. Otherwise, you won’t be prepared to ride out the speed bumps along the way. There’s no denying that C3.ai stock performed well in 2023. Yet, C3.ai wasn’t the star of the show – not even close. So, don’t assume that the coming ye ...
These 3 Overrated Artificial Intelligence (AI) Stocks Could Crash in 2024
The Motley Fool· 2023-12-31 11:45
The explosive growth of the artificial intelligence (AI) market, which had largely been driven by the feverish expansion of generative AI platforms like OpenAI's ChatGPT, lit a fire under many tech stocks over the past year.Some of those rallies were justified. Nvidia's stock deserved to soar because its chips were required to process high-end AI tasks. Microsoft's massive investment in OpenAI and the integration of its AI tools into its cloud-based services also made it a great play on that secular trend. ...
2 Unstoppable Artificial Intelligence (AI) Stocks Up 159% and 217% in 2023 to Buy in 2024
The Motley Fool· 2023-12-30 13:15
Artificial intelligence (AI) swept investors into a frenzy in 2023. It all started with Microsoft's $10 billion bet in January on generative AI start-up OpenAI, which develops the famous ChatGPT online chatbot. Then in September Amazon invested $4 billion in OpenAI rival Anthropic.But those trillion-dollar tech giants weren't the only ones scooping up AI assets. Everyday investors identified several small-cap AI stocks with explosive potential throughout the year, including C3.ai (AI -5.03%) and Upstart Hol ...
C3.ai Stock Fell on 2023's Final Trading Day: Is It Time to Buy?
The Motley Fool· 2023-12-29 17:22
C3.ai (AI -5.03%) stock saw significant sell-offs Friday -- the final day of trading in 2023. The company's share price ended the daily session down 5%, according to data from S&P Global Market Intelligence. The S&P 500 index closed out the day down roughly 0.3%, and the Nasdaq Composite index ended the session down roughly 0.6%.While there wasn't any business-specific news spurring the pullback for C3.ai stock today, the company lost ground amid an uptick in bearish momentum for the broader market. Many in ...
Buy These 2 Growth Stocks on the Dip
The Motley Fool· 2023-12-28 08:53
It's been an incredible year for investors in the stock market. The S&P 500 index is up nearly 25% year to date as of this writing, hitting a fresh 52-week high with just a couple of trading days left in 2023.But while many individual stocks have fared even better, others have pulled back significantly from their highs earlier this year. I think these two growth stocks, in particular, are worth buying on the recent dip.Grab this AI stock while you canShares of C3.ai (AI 1.97%) are up more than 160% in 2023. ...
Is C3.ai more sizzle than substance?
MarketBeat· 2023-12-26 08:15
Key Pointsai shares are up 159% year-to-date (YTD), but revenues are growing at a crawl as the company continues to underwhelm analysts.ai has been transitioning over to a consumption-based model, which is helping onboard more companies, but revenue growth is expected to be slow initially.ai is entering Phase 2 of its consumption-based revenue transition, and the revenue acceleration is expected in Phase 3, about four more quarters later.5 stocks we like better than C3.aiThe year 2023 will be remembered as ...
Should Investors Buy the Dip in C3.ai Stock for 2024?
The Motley Fool· 2023-12-25 10:24
Fool.com contributor Parkev Tatevosian evaluates C3.ai (AI -2.31%) across several financial metrics, including valuation, to determine if investors should buy this artificial intelligence (AI) stock on the dip. *Stock prices used were the afternoon prices of Dec. 21, 2023. The video was published on Dec. 23, 2023. ...